FB stock was down $2.50 on the day and is down another $2.50 in after hours trading. Ouch!
http://www.google.com/finance?q=NASDAQ:FB
http://www.google.com/finance?q=NASDAQ:FB
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He was smart enough to start facebook .... What's the story with those that actually thought it was a good opening day investment?
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All those that bought at the $38 IPO price must be hating FB about now. Down over 33% to $24.30.Comment
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haha i always wonder that when a massive shareholder sees a stock drop a dollar in a day. when you multiply it by how many shares a person would own, like if they have 30 million shares, they essentially lose $30 million in a day
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Did he really "lose" anything?
He already owned the company. So he was making whatever money it brings in.
Then he sold a shitload of stock at an inflated price and put that in the bank.
I don't see how he did anything but gain out of it.
Now the people who bought that stock...they have lost big time. But not MZ. He won.-Robbie
ClaudiaMarie.ComComment
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Real quick, can someone tell me how the fuck Facebook is so highly valued?
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Looks like he owns 503 million shares - lost $2.5 billion today.Comment
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I guess you could say on paper he lost part of his estimated worth. But in reality, nothing changed for him in his bank account.
He already owned the company. He didn't actually buy any of those shares to begin with. He just kept them for himself.
The only people actually losing REAL money are people who paid out money to buy shares and now are actually losing money.
-Robbie
ClaudiaMarie.ComComment
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Yeah I would agree with you.I guess you could say on paper he lost part of his estimated worth. But in reality, nothing changed for him in his bank account.
He already owned the company. He didn't actually buy any of those shares to begin with. He just kept them for himself.
The only people actually losing REAL money are people who paid out money to buy shares and now are actually losing money.Comment
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Bet he's standing on the roof of FB contemplating jumping since he's only worth $10,000,000,000 now.Comment
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He doesn't own the company any longer, shareholders do.I guess you could say on paper he lost part of his estimated worth. But in reality, nothing changed for him in his bank account.
He already owned the company. He didn't actually buy any of those shares to begin with. He just kept them for himself.
The only people actually losing REAL money are people who paid out money to buy shares and now are actually losing money."WTF, on google you can find the answer to every question in human history, EXCEPT how to convert cams..
Its crazy..."
VenusBloggerComment
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"I'm the only person I know that's lost a quarter of a billion dollars in one year.... It's very character-building." - Steve Jobs
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Wrong!I guess you could say on paper he lost part of his estimated worth. But in reality, nothing changed for him in his bank account.
He already owned the company. He didn't actually buy any of those shares to begin with. He just kept them for himself.
The only people actually losing REAL money are people who paid out money to buy shares and now are actually losing money.
The only people who lost are people who sold today. (That didn't short)Comment
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Arguing whether the Democratic or Republican party is better is like debating which steaming pile of shit is slightly less stinky.Comment
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he is still probably 100x wealthier than all of gfy users combined... so who cares...
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Its all gravy for him anyway.Comment
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Hopefully facebook goes bankruptComment
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Facebook is on a downfall. 3-5 years from now, people will be fed up with that social killer site. People will start to realize they need to get out and enjoy life.Comment
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I don't give a facefuck about that...Comment
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He'll still have one thousand times what you'll make in a lifetime so it's no biggie.Herschel Savage
Brooklyn, NYComment
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That's what i'm thinkin'Originally posted by Jesus H ChristTime for a little shorting action.
Arguing whether the Democratic or Republican party is better is like debating which steaming pile of shit is slightly less stinky.Comment
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his still balling hard,
he doesnt need much to money to live on, look at what he drives/wears/lives.Compound interest.Comment
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That's true.
But for Zuckerberg he can never "lose" anything on this deal if you think about it.
It was his company. He didn't have a helluva lot of startup in it. And that was made back years ago. If he walked away with one dollar right now he wouldn't "lose" anything.
All that overpriced stock he sold made him even richer. The price can go down to 1 cent a share and it won't affect his bank account one bit.
As you said...only if he sells more stock does it matter to him. And even then...he can't "lose" because the stock didn't cost him one thin dime.-Robbie
ClaudiaMarie.ComComment
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not the right moment for buying....and also not the right to sell those how have bought alreadyComment
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Mark Zuckerberg's net worth falls by $7.6 billion from the dropHave Chargebacks? Send me a message.
ChargebackHelp.comComment
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I wish Chinese mafia takes his fat wife back and beats him to death with chopsticks for the shame and dishonor he brings to mafia.Comment
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Mark Zuckerberg's net worth has fallen by $7.2 billion since the IPO according to CNN Money.Adult Hosting From US$2.24/month
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Ah. Just created an FB thread.. Didn't see this one.Comment
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